Skip to main content

China Railway Construction wins US$2.68bn Chinese highway tenders

China Railway Construction has won tenders worth US$2.68 billion (CNY 16.67bn) to develop Chinese highways. The projects will be implemented on a build-operate-transfer (BOT) model. These are said to be inclusive of the 63.47km Liaocheng-Xiajin section of the Shandong Deshang highway, the 72.41km Yutai-Jining section of the Xuzhou-Jinan highway, and the 82.79km Xing'an-Ziyuan highway.
January 23, 2013 Read time: 1 min
6590 China Railway Construction Corporation has won tenders worth US$2.68 billion (CNY 16.67bn) to develop Chinese highways.

The projects will be implemented on a build-operate-transfer (BOT) model. These are said to be inclusive of the 63.47km Liaocheng-Xiajin section of the Shandong Deshang highway, the 72.41km Yutai-Jining section of the Xuzhou-Jinan highway, and the 82.79km Xing'an-Ziyuan highway.

For more information on companies in this article

Related Content

  • Odebrecht wins Brazilian highway concession
    November 29, 2013
    Odebrecht has been awarded a concession for Brazil’s important BR-163 federal highway route. The 851km section of highway runs through Mato Grosso state and the deal is worth some US$2 billion, according to a report by Business News Americas. As part of its contract, Odebrecht will have to widen a 454km stretch of the route within five years and is also required to build nine new toll booths.
  • Chinese firm to offer €2.5bn for construction of Serbian motorway
    August 23, 2012
    Serbian Minister of Construction and Urbanism, Velimir Ilic, claims the China Roads and Bridges Company (CRBC) has verbally agreed to invest €2.5 billion (US $ 4.8bn) to enable the construction of the Corridor 11 motorway. Ilic said that an official CRBC offer to fund and build the key motorway route will be submitted from the beginning of September 2012.
  • Legal hiatus delays major Tanzania highway project
    January 11, 2013
    A legal hiatus has delayed the construction of a highway in Tanzania linking Tunduru, Matemanga-Kilimasenra, Namtumbo, and Songea. Work has been suspended by the Tanzanian authorities following a dispute over whether the Progressive Constructions-Higleig Joint Venture (Progressive-Higleig) building the link has met performance targets. Meanwhile, the Tanzanian Ministry of Works is implementing four road upgrading projects in Tabora worth a combined value of around US$ 221.47 million (TZS 351.70bn).
  • Russia: MISK wins tender for Yuzhnaya Rokada construction in Moscow
    September 22, 2015
    MISK wins tender for Moscow’s Yuzhnaya Rokada road The Moscow Engineering and Construction Company (MISK) has won the tender for construction of the second section of Moscow’s Southern lateral highway. MISK was the only contractors tendering for the contract, worth nearly US$74.3 million, for the section called Yuzhnaya Rokada. Details include construction of 5km of road, essential side lanes, more than 300m of overpasses and turnoffs. Work is expected to take nearly 20 months. The tender win co